Multiple choice

Passage

Directions: Study the following information and answer the question that follows. A dealer purchased 5 gadgets from a shop and sold them online. The table below gives the data showing cost price, selling price and profit/loss percentage. C.P. (in Rs.) Profit/Loss % S.P. (in Rs.) Segway 32,445 - 40,556.25 Google glass - Profit - 15% 40,940 Fitbit 22,150 Loss - 12% - Nintendo 28,295 - 31,140 Apple ipad - Profit - 25% 7075

The cost price of Google glass is approximately what percent of the selling price of Fibit?

  1. 138%

  2. 183%

  3. 142%

  4. 154%

  5. 186%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Google Glass has a selling price of Rs. 40,940 and a 15% profit, so its cost price is about Rs. 35,600. Fitbit has a cost price of Rs. 22,150 and a 12% loss, so its selling price is Rs. 19,492. The ratio 35,600/19,492 × 100 is approximately 183%.

AI explanation

The selling price of Fitbit is its cost price minus the 12% loss, which is 22150 minus 12% of 22150, resulting in Rs. 19492. The cost price of Google glass is derived from its selling price divided by 1.15, making it 40940 divided by 1.15, which is approximately Rs. 35600. The required percentage is the cost price of Google glass divided by the selling price of Fitbit, so 35600 divided by 19492 gives approximately 183%.